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83 Wolcott Ter, Newark City, NJ, 07112

$350,000

Home List Price

$4,156*

Closing Credit

6 Bedrooms
2 Full Baths
Multi

Location

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83 Wolcott Ter, Newark$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 Car Width
Year Built1930
HeatingOther, Natural Gas
CoolingNone
BasementYes
MLS #3932271
Lot Size0.09 Acres
StatusActive

About 83 Wolcott Ter

Bring your tools, your vision, and your 203k loan and make this your own dream home with the added bonus of income. Enjoy the LEFT side of this side by side duplex which offers a partially finished 3 bedroom unit on level one (left side) and a fully gutted, ready to be remodeled 3 bedroom on level 2 (left side). Each floor, when done, will have 3 bedrooms, bath, kitchen and living area. Side yard belongs to this home, separate basement for this side and rear parking all included. Sale will be AS IS and buyer will be responsible for payment of the city requirements and inspections. Cash or renovation loan required.

Property Details

Property Features

Property Information:

  • Architectural Style: 2-Two Story
  • Year Built: 1930

Listing Office:

  • Office Name: BHHS FOX & ROACH
  • Office Phone: (201) 463-0958

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes
  • Interior: Smoke Detector, Wood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Curbs, Metal Fence

Parking Information:

  • Parking: 1 Car Width

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Other, Natural Gas
  • Cooling: None

School Info

Assigned Schools Information:

  • Weequahic High School, Public District Grades 9-12
  • Malcom X Shabazz High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • George Washington Carver Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: Nye Ave to Clinton to Wolcott

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
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Housing Market Comparison

See how this home compares to others in Newark, NJ.

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Newark, NJ

City

Med. Sold Price

$396.1K

Med. Price/SqFt

$204

Avg. Days On Market

75

# of Sold Homes

34

83 Wolcott Ter vs Newark

1 DAY ON ROCKET

-74 Days

$350,000

-$46.1K Less

KEY TAKEAWAY

This property is $46.1K less than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3932271

Listing Office:

  • Office Name: BHHS FOX & ROACH
  • Office Phone: (201) 463-0958

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 9:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2107016
3
/10

  • George Washington Carver Elementary School

  • 333 Clinton Pl

  • 0.23 miles

  • Public District Grades PK-8

High School

school-card-donut-2107017
1
/10

  • Weequahic High School

  • 279 Chancellor Ave

  • 0.53 miles

  • Public District Grades 9-12

school-card-donut-2107018
1
/10

  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 1.14 miles

  • Public District Grades 9-12

school-card-donut-2107019
1
/10

  • Central High School

  • 250 18th Ave

  • 1.48 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,484. Most Newark, NJ residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07112›83 Wolcott Ter

This home is located at 83 Wolcott Ter in Newark City, NJ and zip code 07112 in the Weequahic neighborhood. This home, which was built in 1930, sits on a 0.09 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $350,000.

Over 24 listings were sold over their listed price in October 2024 in Newark, NJ. In the same period over 7 listings were sold below the listed price and 3 listings were sold for the listed price. In October 2024 in Newark, NJ there were 25.4% more homes for sale than in September 2024. In October 2024 median list price was $396,125 and the average listing age was 75 days.

From Rocket Homes Real Estate and based on county public records data.

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